Alerion's largest solar park in Romania gets funding

Business Forum
BCR has granted a €18.5 million loan to Italian Alerion Clean Power for the construction of a 35 MW photovoltaic project in Călăraşi county

BCR has granted a €18.5 million loan to Italian Alerion Clean Power for the construction of a 35 MW photovoltaic project in Călăraşi county

The loan has a maturity date of 2040, and the total value of the investment amounts to €26.8 million, according to BCR representatives. The solar park is estimated to generate an annual output of 51,000 MWh.

In Romania, the Italian group has so far developed several wind farm projects in the localities of Auşeu-Borod, Vrani, Jimbolia and Sânnicolau Mare.

In 2024, the Alerion Group began production at two new photovoltaic power plants in Romania, in the municipality of Periş, each with an installed capacity of approximately 6 MWp.

“We are pleased to consolidate our presence in Romania, a country that has significant potential for the development of clean energy. This new project represents an important step in Alerion's commitment to expanding its renewable energy portfolio across Europe,” said Josef Gostner, President & CEO of Alerion Clean Power.

Clifford Chance Badea provided legal advice to BCR in this deal.

RECOMMENDED
Erste and BCR refinance office building in Bucharest
Real estate

Erste and BCR refinance office building in Bucharest

Erste Group Bank and its Romanian subsidiary BCR have jointly provided €21 million in refinancing for the Day Tower office building in Bucharest. The loan facility was signed with Danube Capital Partners.

Iulius, Atterbury Europe secure record €400 million loan for mixed-use project in Cluj-Napoca
Real estate

Iulius, Atterbury Europe secure record €400 million loan for mixed-use project in Cluj-Napoca

Iulius and Atterbury Europe have secured the largest loan ever granted for a new real estate development in Romania. The €400 million syndicated financing will back the development of the Rivus Cluj-Napoca mixed-use urban reconversion project. The green loan was provided by a consortium of four major financial institutions: Erste Bank, BCR, EBRD, and BRD. 

RECOMMENDED FROM THE HOME PAGE
Industry

Romania's public administration seeks shared service centres

The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.

Economy

Romania's economy grows 0.7% in 2025

Romania's economy grew 0.7% in real terms in 2025 compared to 2024, though GDP fell 1.9% in Q4 compared to the previous quarter, according to provisional data published by the National Institute of Statistics (INS).

READ MORE
Business Forum  |  6 March, 2026 at 4:50 PM
Business Forum  |  6 March, 2026 at 2:00 PM